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1311-1317 Jasmine St 4 Unit Apartment Building $1,250,000 ($312,500/Unit) 5.20% Cap Rate Denver, CO 80220



INVESTMENT HIGHLIGHTS
- Recently Renovated Units with New Roof (2024)
- Units are Separately Deeded
- Detached Three-Car Garage and Off-Street Parking
- Fantastic Montclair Location
EXECUTIVE SUMMARY
Don’t miss this rare opportunity to acquire a meticulously maintained four-unit multifamily property located in the heart of Denver, Colorado. Built in 1952, this charming brick building combines timeless character with thoughtful modern updates, offering an attractive investment for both seasoned and first-time multifamily investors. Each of the four spacious units— consisting of a mix of one- and two-bedroom floorplans—has been carefully designed to maximize comfort, functionality, and natural light. Large, expansive windows flood each apartment with sunlight, creating a warm and inviting atmosphere throughout. Residents will appreciate the well appointed kitchens, equipped with modern appliances and conveniences, as well as in-unit washers and dryers—a highly desirable feature for today’s renters. The interiors also feature generous living areas and abundant closet space, offering tenants a practical and enjoyable living experience. Outside, a beautifully landscaped yard provides a tranquil retreat in an urban setting, perfect for relaxing or socializing. Additional amenities include a detached garage and off-street parking—valuable assets in a vibrant and growing city like Denver. Situated on a generous lot and ideally located near retail and neighborhood amenities, the property offers residents walkable access to local restaurants, grocery stores, shopping destinations, and essential services. This ideal blend of residential tranquility and urban convenience makes the property highly attractive to tenants and offers long-term rental stability. Whether you’re seeking stable cash flow or a value-add investment opportunity with upside potential, this well-maintained multifamily asset checks all the boxes. With its prime location, solid construction, and desirable tenant features, this is an exceptional opportunity in Denver’s competitive multifamily market.
PROPERTY FACTS
| Price | $1,250,000 | Apartment Style | Low-Rise |
| Price Per Unit | $312,500 | Building Class | C |
| Sale Type | Investment | Building Size | 3,265 SF |
| Cap Rate | 5.20% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1952/2016 |
| Property Subtype | Apartment |
| Price | $1,250,000 |
| Price Per Unit | $312,500 |
| Sale Type | Investment |
| Cap Rate | 5.20% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 3,265 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1952/2016 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 3 | - | - |
| 1+1 | 1 | - | - |
1 1
Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (78)
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1311-1317 Jasmine St
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